IMMESBERGER RICHARD J 4
4 · PACIFIC PREMIER BANCORP INC · Filed Jun 3, 2020
Insider Transaction Report
Form 4
IMMESBERGER RICHARD J
EVP, Pres. of Trust Division
Transactions
- Award
PPBI Restricted Stock Unit
2020-06-01+1,716→ 1,716 total→ PPBI Common Stock (1,716 underlying) - Award
PPBI Common Stock
2020-06-01+4,186→ 7,686 total - Award
PPBI Restricted Stock Unit
2020-06-01+1,716→ 1,716 total→ PPBI Common Stock (1,716 underlying)
Footnotes (6)
- [F1]Received in exchange for 6,551 shares of Opus Bank common stock in connection with the merger of Opus Bank into Pacific Premier Bank, a wholly-owned subsidiary of the Issuer (the "Merger"). On the effective date of the Merger, the closing price of Opus Bank's common stock was $19.49 per share, and the closing price of the Issuer's common stock was $22.11 per share.
- [F2]Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units are subject to three year graded vesting beginning on 1/29/2020.
- [F3]Not applicable.
- [F4]Received in the Merger in exchange for 1,907 Opus Bank Restricted Stock Units.
- [F5]Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units are subject to three year cliff vesting beginning on 1/29/2020.
- [F6]Received in the Merger in exchange for 1,907 Opus Bank Restricted Stock Units.